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News

  • For Subscribers Only
    By
  • Business Observer Staff
  • October 31, 2014
Former area money manager accused of $1.5M theft

Credit Suisse is suing Galbraith Capital Investment Management and its manager for money it says it accidentally sent the hedge fund.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 31, 2014
Rib City continues growth

Rib City, the Fort Myers-based chain of barbecue restaurants, plans to open its 13th corporate location in Florida.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 31, 2014
Tampa equity firm backs healthy ice cream

Stonehenge Growth Equity Partners says it was attracted to Thrive Nutritious Ice Cream's formula, growth and recurring revenue business model.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 31, 2014
Bradenton insurance firm lays down $35M anchor

Anchor Property & Casualty Insurance Co. was founded this past summer.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 31, 2014
SugarOak Holdings buys Wildewood Professional Center

Herndon, Va.-based SugarOak Holdings Inc. purchased the 11 buildings comprising Wildewood Professional Center for $3.35 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 31, 2014
Sausalito, Calif., couple buys Palmetto CVS building

A company, led by Bharat and Achala Gupta of Sausalito, Calif., purchased a 10,908-square-foot drug store for $3 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 31, 2014
Fort Myers developers buy restaurants to build 10 waterfront homes

Terry Persaud and his business partner developer/real estate agent Joe Orlandini purchased 3.49 acres of beachfront property for $8 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 31, 2014
Tear down that wall

Some people jog after work. Others hit the gym.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 31, 2014
Amera Corp., Barron Real Estate planning Restaurant Row Naples

An affiliate of Amera-Barron, a venture of Coral Springs-based Amera Corp. and Fort Lauderdale-based Barron Real Estate Inc., purchased 4.53 acres of vacant commercial land for $2.6 million.

  • Charlotte–Lee–Collier
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 31, 2014
Tampa's Arcis Investments buys New York Life Insurance building

Tampa-based private equity investor Arcis Investments Inc. purchased a 21,595-square-foot office building in the Westshore Central Business District for $2.23 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 31, 2014
UBS Realty Investors affiliate pays $111.5 million for Crescent Bayshore

An affiliate of UBS Realty Investors LLC purchased the recently completed 367-unit Crescent Bayshore apartment community for $111.5 million.

  • Tampa Bay-Lakeland
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 31, 2014
Bradenton's Mermaid Manor mobile home park sells for $2.1 million

A company led by Wisconsin attorney Michael Hickmann and a separate company led by Cindy McFerrin, a Realtor with Future Home Realty, purchased the 80-lot Mermaid Manor mobile home park for $2.1 million.

  • Manatee-Sarasota
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 31, 2014
Hospital chief speaks out on pot

Health care providers have been notably absent from the conversation about the medical marijuana amendment on the ballot Nov. 4.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 31, 2014
Watchdog seeks to slow down

The Argus Foundation, one of the leading pro-business groups on the Gulf Coast, is searching for a new director after the recently announced pending retirement of longtime head Kerry Kirschner.

  • News
  • For Subscribers Only
    By
  • Business Observer Staff
  • October 31, 2014
Rays might say au revoir to Tampa

The surprise departure of Tampa Bay Rays manager Joe Maddon could be a worst-case scenario for area business and economic development leaders.

  • News
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